GST Council has decided to defer hike in GST on textiles from 5 per cent to 12 per cent, as per the sources of Zee Business. The matter will be discussed again in the next Council meet for future ...
The government is preparing a fresh round of changes to the Goods and Services Tax (GST) structure, with a focus on sectors that are under pressure after the United States imposed a 50% tariff on ...
(MENAFN- IANS) New Delhi, Sep 26 (IANS) The GST 2.0 reforms have reduced tax rates across diverse sectors from automobiles and textiles to fertilisers, steel, pharmaceuticals and renewables, which ...
The Chamber of Textile Trade and Industry (COTTI) on Wednesday opposed the recent GST hike, saying it would burden consumers, and urged that garments be uniformly taxed at 5 per cent, though the ...
IT seems that the government is determined to implement the reformed general sales tax, which is just a nomenclature change of value-added tax, on the textile sector. Although in its true spirit VAT ...
(MENAFN- IANS) New Delhi, Sep 5 (IANS) The next-generation GST reforms are a historic leap forward for India's textile sector, serving as a catalyst for the country's march towards becoming a $350 ...
An in-depth look at how Next-Gen GST is driving investments, boosting demand, supporting digital infrastructure, and ...
Tanay Rastogi, the sixth generation in his family in the business of textiles owns multiple stores of high brand wedding clothes in the major markets of the capital, including Chandni Chowk, Karol ...
Voicing concern over GST Council’s decision imposing an 18% levy on garments priced above ₹2,500, the Telangana State Federation of Textile Associations has appealed for a 5% levy on all readymade and ...
ICAI's Charanjot Singh Nanda discusses US tariffs, the new income tax bill, GST reforms, and how chartered accountants are driving India’s growth towards a USD 5 trillion economy Charanjot Singh Nanda ...